Termination by Company for Company Cause or by Executive Without Executive Cause Sample Clauses

Termination by Company for Company Cause or by Executive Without Executive Cause. If Executive is terminated pursuant to Section 5(a) hereof, or Executive terminates this Agreement other than in accordance with Section 5(d) hereof, the Company shall pay to Executive (i) his Base Salary through the date written notice is properly mailed to Executive pursuant to Section 5(a) hereof, and (ii) all Bonus payments owing to Executive for the fiscal year prior to the year such written notice is received by Executive (to the extent that any such payments were unpaid on the date of termination), and for the current year.
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Termination by Company for Company Cause or by Executive Without Executive Cause. If Executive is terminated pursuant to Section 5(a) hereof, or Executive terminates this Agreement other than in accordance with Section 5(d) hereof, the Company shall pay to Executive as a lump sum payment, payable within sixty (60) calendar days of the date of termination (i) his Base Salary through the date written notice is properly mailed to Executive pursuant to Section 5(a) hereof, (ii) all Bonus payments owing to Executive for the fiscal year prior to the year such written notice is received by Executive (to the extent that any such payments were unpaid on the date of termination), and (iii) the amount of the deferred incentive compensation award earned by Executive under the IDCP through the date of termination. Additionally all outstanding and unpaid indebtedness of Executive to the Company for borrowed money shall be due and payable within 60 days of the date of termination.
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Related to Termination by Company for Company Cause or by Executive Without Executive Cause

  • Termination by the Company for Cause or by Executive Without Good Reason If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive all amounts earned or accrued hereunder through the termination date, including:

  • Termination by Company without Cause or by Executive for Good Reason If Executive's employment is terminated by the Company without Cause or by Executive for Good Reason:

  • By the Company For Cause or By Executive Resignation Without Good Reason (i) The Employment Term and Executive's employment hereunder may be terminated by the Company for Cause (as defined below) and shall terminate automatically upon Executive's resignation without Good Reason (as defined in Section 7(c)).

  • Termination by Executive Without Good Reason Executive may terminate his employment upon 30 days’ written notice to the Company. In the event Executive terminates his employment in this manner, he shall remain in the Company’s employ subject to all terms and conditions of this Agreement for the entire 30-day period unless instructed otherwise by the Company in writing.

  • Termination by Employer Without Cause or by Executive for Good Reason If Employer terminates Executive’s employment without Cause, or if Executive terminates his employment for Good Reason, Employer shall pay Executive in a lump sum: (i) all Base Salary earned and all reimbursable expenses incurred under this Agreement through such termination date; and (ii) an amount equal to one (1) times Executive’s highest Base Salary over the prior three (3) years. The amount described in 5.b.(i) herein shall be paid no later than forty-five (45) days after the day on which employment is terminated. The amount described in 5.b.(ii) herein shall be paid on the first day of the month following a period of six (6) months after the termination of employment, provided that the payment may be made sooner if either (i) the amount does not exceed the IRC Safe Harbor or (ii) at the Executive’s election, the amount described in Section 5.a.(ii) is reduced to fit within the IRC Safe Harbor. No payment will be made pursuant to Section 5.a.(ii) unless the Executive has signed a Release Agreement which has become irrevocable prior to the payment date.

  • Termination by the Company Without Cause or by Executive for Good Reason If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason:

  • By the Company Without Cause or Resignation by Executive for Good Reason (i) The Employment Term and Executive’s employment hereunder may be terminated by the Company without Cause or by Executive’s resignation for Good Reason.

  • Resignation by Executive without Good Reason The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.

  • Termination by Employee without Good Reason The Employee shall have the right at any time to terminate the Employee's employment with both Employers without Good Reason by giving the Employers written notice that the Employee is terminating his employment. Any such termination shall apply to the Employee's employment with both Employers and be effective ninety (90) days after the giving of such notice by the Employee.

  • Termination Without Cause or by Executive for Good Reason (a) Company and Executive each reserve the right to terminate Executive’s employment at any time. If a Termination Date occurs due to Company terminating Executive without Cause or Executive terminating for Good Reason (as defined herein), then Company or its successor shall have no further obligations under this Agreement except that Company or its successor shall pay to Executive the amounts shown in Section 4.5(c) hereof.

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